Form 8594 Requirements In Arizona

Category:

Small Business - Business Sale

State:

Multi-State

Control #:

US-00418

Format:

Instant download

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Description

This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.

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Both the seller and purchaser of a group of assets that makes up a trade or business must use Form 8594 to report such a sale. Generally, both the purchaser and seller must file Form 8594 and attach it to their income tax returns (Forms 1040, 1041,.Form 8594 is a tax document required in certain business sales where the buyer acquires assets rather than stock or equity. CAUTION. The federal amounts that you use on your Arizona return may not be the same as the federal amounts from your federal tax return.

Form 8594 Requirements In Arizona

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